New insider activity at DoorDash ( (DASH) ) has taken place on February 25, 2025.
Several key executives and directors at DoorDash have recently sold significant amounts of the company’s stock. CBO Keith Yandell sold 8,116 shares, totaling $1,651,185. GC & Secretary Tia Sherringham parted with 12,088 shares, amounting to $2,459,281. President & COO Prabir Adarkar sold 20,161 shares, worth $4,101,716. VP of Accounting Gordon Lee sold 2,644 shares for $537,914. Director Stanley Tang sold 1,356 shares, totaling $275,875, while Director Andy Fang sold 1,398 shares, valued at $284,421. These transactions highlight a significant movement of stock among DoorDash’s leadership.
Recent Updates on DASH stock
DoorDash has experienced significant developments recently, with multiple analysts raising their price targets for the company. Loop Capital increased its target due to DoorDash’s resilient growth and strong Q4 results, which showed an acceleration in gross order value and healthy guidance for Q1. Susquehanna also raised its target, citing solid Q4 performance and continued momentum across various segments. Barclays highlighted DoorDash’s strong secular growth and competitive position, justifying its premium valuation. Additionally, DoorDash settled a legal investigation with the New York Attorney General for $16.75 million over alleged violations related to its tipping practices. Despite these positive assessments, there was notable bearish activity in the options market, with a high volume of puts being traded.
More about DoorDash
YTD Price Performance: 17.16%
Average Trading Volume: 3,047,734
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $83.99B